TSX:LSG.DB - Post by User
Comment by
goldhappyon Sep 10, 2015 1:56pm
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Post# 24093349
RE:RE:LSG A Building Company
RE:RE:LSG A Building CompanyVery good points cre8value. You will always have a few know all the details. It might not be such a good idea to have shareholders hanging by their finger nails each month. A few holes on a very large program means little to an outsider. It is the information that steers the geologist. For example often rock holes indicate a contact and the program winds down in that area. Holes in rock that have the proper lithology may require more holes. Hit country rock in the footwall or hanging wall area outside the host rock and the geologist is likely to stop. Some holes do go further into the foot and hanging wall rock just in case...further exploration! Reporting all these rock holes makes little scence to many investors. Investors want to here they hit gold. So now lets go down that road. A high grade gold hole drilled at right angles to the known ore zone means a great deal. A high grade hole drilled off azimuth will display longer widths of gold and could be used to promote some tonnage that is not there. One ore hole by itself is of little value. A group of ore holes in a block has much value to a mine planner. There are just so many scenerios...hundreds to be more exact. The information really means very little even to the geologist until a good solid ore block begins to take shape. If Tony wanted his geologist to promote the stock that can be done. I view promoting as being open to rather shady statemnets. I like the idea Tony is putting togeather a package of information that will be of some value to everyone.